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Active 0 days on market

1114 S Sherbourne Drive

Los Angeles, CA 90035

$2,398,000

1114 S Sherbourne Drive
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10Beds
0Baths
6,278Sq Ft
0.15Acres
1955Built

About This Home

Located in a prime central Los Angeles rental corridor, this attractive 7-unit multifamily property presents a compelling investment opportunity in the highly desirable Pico-Robertson / Beverly Grove adjacent area. Positioned just south of Olympic Boulevard, the asset benefits from consistent tenant demand, excellent accessibility, and strong long-term growth potential in one of LA's most established multifamily markets. The property has seen several recent upgrades, including renovations to 4 of the 7 unit interiors, fresh exterior paint in 2024 as well as the installation of a new roof in 2024, helping reduce immediate capital expenditure needs for a future owner. Spacious unit layouts and a favorable unit mix continue to attract a wide range of tenants looking to live near major employment hubs and lifestyle destinations including Beverly Hills, Century City, Culver City, and West Hollywood. Residents enjoy convenient access to popular restaurants, neighborhood cafes, grocery stores, houses of worship, and everyday essentials, while nearby Olympic, Pico, and Robertson Boulevards provide easy connectivity throughout the Westside and greater Los Angeles area. With strong rental fundamentals, low vacancy trends, and limited nearby multifamily development, this property offers investors the opportunity to own a stable asset in a highly sought-after rental pocket with continued upside and long-term appreciation potential.

Property Details

Property TypeResidentialIncome
Year Built1955
Living Area6,278 sq ft
Lot Size0.15 acres
Bedrooms10
Bathrooms0 full
Parking Total10
HeatingWallFurnace
CoolingNone
PoolNo
MLS #1159854940
Days on Market0 days

Location

Listed by

Richard Schulman

KW Westside Estates

MLS# CLW-X80034

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

1114 S Sherbourne Drive | Los Angeles, CA | Leeper Realty Group